SEC Form 4 · accession 0001042776-17-000124
Piedmont Office Realty Trust, Inc. · PDM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George M. Wells
Officer — EVP- Southeast Region
Period of report
May 18, 2017
Accepted (ET)
May 22, 2017 · 4:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001042776
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 18, 2017 | A | 5,285 | $0.00 | A | 44,519 | D | |
| Common StockF2 | May 18, 2017 | F | 441 | $21.38 | D | 44,078 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Of the shares granted, 25% vest on the day of the grant, and the remaining shares vest ratably on the anniversary date of the grant date over the following three years.
- F2In connection with the vesting of 25% of the restricted stock award (1,321 shares) on May 18, 2017, 441 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations.